1. [Advising the business](https://library.croneri.co.uk/po-heading-id_4WXXSOH7bECxabuOUPomWw)
1.1. Tax relief?
1.2. Buy or lease?
1.3. Purchaser?
2. [Fixtures](https://library.croneri.co.uk/po-heading-id_PFTFctmcU0Sidg5-TUeh_Q)
2.1. Agreed value
2.1.1. Fixed value requirement
2.1.1.1. 2yrs
2.1.2. Pooling requirement
2.2. 6% special rate
2.3. 100% AIA
2.3.1. Max. £1m pa
2.3.2. Corporation tax and income tax
2.4. FYAs
2.4.1. Corporation tax only
2.4.1.1. 1 April 2023 onwards
2.4.1.1.1. 100% FYA for main rate P&M (full-expensing)
2.4.1.1.2. 50% FYA for special rate P&M
2.4.1.1.3. Now permanent (31 March 2026 end-date removed)
2.4.2. **1 January 2026 onwards**
2.4.2.1. [40% FYA for mainrate expenditure, including leases](https://library.croneri.co.uk/cch_uk/btr/237-201 )
3. [Structures and buildings allowance](https://library.croneri.co.uk/po-heading-id_wzed0Bb8w0K6JOEqEMg5eA)
3.1. Building costs
3.1.1. Not land
3.1.2. Not fixtures
3.2. 3% pa
3.2.1. Straight line
3.2.2. Accelerated relief in some cases
3.3. No balancing adjustment
3.3.1. Increase gain / reduce loss
3.4. Create/maintain allowance statement
4. [Lease](https://library.croneri.co.uk/po-heading-id_Mo8R5FuVHkmVsAa3VIfaAw)
4.1. Rent
4.1.1. Wholly and exclusively
4.2. Premium
4.2.1. 50 years +
4.2.2. Relief for income element
5. [VAT](https://library.croneri.co.uk/po-heading-id_oQgbdtrOCkuBqzygpJ7a7A)
5.1. [Exempt](https://library.croneri.co.uk/bvr/27-exemp-1)
5.2. [Standard-rated](https://library.croneri.co.uk/cch_uk/bvr/34-landcp-8)
5.2.1. [Opt to tax](https://library.croneri.co.uk/cch_uk/bvr/34-landcp-9)
5.2.2. [New](https://library.croneri.co.uk/cch_uk/bvr/34-610)
5.2.2.1. 3 years
5.3. Lease
5.3.1. [Exempt unless opted to tax](https://library.croneri.co.uk/cch_uk/bvr/34-632)
5.3.2. [Treatment of deposits: refundable, or advance payment?](https://library.croneri.co.uk/cch_uk/bvr/34-640)
6. [Transaction tax](https://library.croneri.co.uk/po-heading-id_JYEQM4d-rkysi7uCGZLZCQ)
6.1. SDLT / LBTT / > £150K LTT > £225k
6.1.1. [LBTT (Scotland)](https://library.croneri.co.uk/cch_uk/lbtt/200-000)
6.1.1.1. [Rates](https://library.croneri.co.uk/cch_uk/trto/15-000)
6.1.2. [LTT (Wales)](https://library.croneri.co.uk/cch_uk/ltt/300-000)
6.1.2.1. [Rates](https://library.croneri.co.uk/cch_uk/trto/15-500)
6.1.3. [SDLT (UK except Scotland and Wales)](https://library.croneri.co.uk/cch_uk/sdlt/10-000)
6.1.3.1. [Rates](https://library.croneri.co.uk/cch_uk/sdlt/10-410)
6.2. Leased buildings
6.2.1. [Scotland](https://library.croneri.co.uk/cch_uk/lbtt/208-000)
6.2.1.1. [Rates](https://library.croneri.co.uk/cch_uk/trto/15-000)
6.2.2. [Wales](https://library.croneri.co.uk/cch_uk/ltt/308-000)
6.2.2.1. [Rates](https://library.croneri.co.uk/cch_uk/trto/15-500)
6.2.3. [UK except Scotland and Wales](https://library.croneri.co.uk/cch_uk/sdlt/60-000)
6.2.3.1. [Rates](https://library.croneri.co.uk/cch_uk/sdlt/10-410)
7. [Buy](https://library.croneri.co.uk/po-heading-id_M69NxLmytkO9xXWEMhR6OA)
7.1. Capital costs
7.1.1. Relief against gain on eventual disposal
7.1.2. Structures and buildings allowance
7.1.3. Capital allowances for fixtures